The new Mass Passenger Transit System from Luton Airport to connecting rail stations forms part of an ambitious £1.5bn inward investment programme revealed by the council, which outlines a 20-year plan for major transformation of the town.
London Luton Airport has officially kicked off the bid race for up to £150m worth of construction work for a planned new light railway system.
The 2.1km long guided mass rapid transit passenger system will run between two purpose-built stations, heading out from Stirling Place, close to Luton Airport Parkway station, to the airport terminal.
Offmarket have 13 units remaining at a luxury development of apartments situated adjacent to Bedfordshire University campus. Just 23 minutes by rail to London, Luton really does have it all.
These units are offered with a guaranteed gross rental yield of 7% for two years.
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Investing in property so close to an airport undergoing such expansion is a model for success. With Heathrow and Gatwick running at capacity, Luton Airport is in prime position to soak up extra airlines, routes and increased passenger numbers. Increased passenger numbers and flights require more personnel, who require somewhere to live. This all has a ripple effect and the entire town is seeing improved property prices and a general uplift in the economy.
Luton Airport is filling the column inches everywhere with good news, more airlines, more destinations, more awards and accolades. Now voted the most popular airport for private jet charter in the UK so far. Inward investment across all areas of the economic spectrum in Luton is making the town a hot spot for investment.
A new hotel at Luton Airport to meet increased demand for accommodation.
The continued expansion at the airport is pushing up property prices as Luton undergoes a transformation through inward investment across the board. Offmarket have a small number of luxury apartments for sale in the heart of Luton adjacent to the Bedofrdshire University campus.
Modular specialist Polcom Developments has begun building the hotel rooms at its factory in Gdansk before they are transported to the hotel site ready for construction.Redefine BDL Hotels will manage the Courtyard by Marriott London Luton Airport hotel which is expected to open early in 2018
Thomas Cook Airlines commences services from London Luton Airport Thomas Cook Airlines launched (08-May-2017) London Luton-Corfu seasonal service, effective 07-May-2017. Thomas Cook Airlines is the 14th carrier to commence operations at London Luton and its Corfu service is the 14th route launched at the airport in 2017. As previously reported by CAPA, London Luton's transformation programme will increase capacity by 50% to 18 million passengers p/a by 2020.
Along with increased expansion from airlines and new destination, Luton Airport is also winning some prestigious awards. According to private jet charter marketplace Victor, Luton was also the busiest UK airport for private jet charter last year. Demand has been growing thanks to it having one of the longest runways, allowing a wider range of jets to fly to and from it.
Victor also said it was the only airport other than Stansted that caters for private jet services on a 24-hour basis. The private jet marketplace said the likes of Brad Pitt and Matt Damon have flown from Luton in recent months, while Bernie Ecclestone's family often flies from Biggin Hill.